The information that was sent to me earlier in the week was very helpful. After completing the 8915E,. You had the option, to spread the taxable amount over three year. I decided not to take that o...
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The information that was sent to me earlier in the week was very helpful. After completing the 8915E,. You had the option, to spread the taxable amount over three year. I decided not to take that option. I guess what concerns me in the end, will that 10% have to be paid back or is it forgiven Thank You B Green
Thanks Ironman What should the distribution code be on the 1099R? And where do I put it in Proseries so that there no 10% penalty My Clients dist code is 1 should she get a corrected 1099R to refl...
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Thanks Ironman What should the distribution code be on the 1099R? And where do I put it in Proseries so that there no 10% penalty My Clients dist code is 1 should she get a corrected 1099R to reflect this? Thanks Again B Green
Received a reject code ind-517-01 Dependent claimed on another return. I remove the dependent from the return re-transmitted it can back with the same reject code. Was there something else that I ...
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Received a reject code ind-517-01 Dependent claimed on another return. I remove the dependent from the return re-transmitted it can back with the same reject code. Was there something else that I needed to do in the return other remove him as a dependent? Please help! Also, how many times can you resend a rejected return? Will I be considered late if I convert it to a paper return since it was rejected Thanking you in advance Barbara G
When a Vehicle is fully depreciated and the client still uses it for business can the standard mileage now be used. Thanking you in advance. Barbara Green
Is the same Identity Protection Personal Identification used for every year? IP PIN Or will the IRS issue a new one each year? Thank you in advance Barbara Green
Client is a Self- Employed , has a store front business installed a sign outside the location cost was $1700 how should I depreciate the sign. Also where could I find this information for future re...
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Client is a Self- Employed , has a store front business installed a sign outside the location cost was $1700 how should I depreciate the sign. Also where could I find this information for future reference. Is there a publication I can get from the IRS? Thanks in Advance Barbara G
Need to amended a return the original return was prepared by another tax preparer I entered all the information from the original return in proconnect, What is the next step, please help Thanki...
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Need to amended a return the original return was prepared by another tax preparer I entered all the information from the original return in proconnect, What is the next step, please help Thanking you in Advance Barbara Green
if I change his method will this trigger a red flag or possible audit? His beginning inventory was $4,100 ending $2300 this is pretty much the same for the last 8 years Please advise Thanks Barb...
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if I change his method will this trigger a red flag or possible audit? His beginning inventory was $4,100 ending $2300 this is pretty much the same for the last 8 years Please advise Thanks Barbara Green